The total private pension assets in France have exhibited fluctuations from 2013 to 2023. In 2023, the value stood at $364.83 billion. Analyzing the annual percentage changes and CAGR from 2013 to 2023 indicates periods of both growth and contraction. Notably, significant growth occurred in 2017 (20.88%) and 2020 (15.97%), while declines were witnessed in 2014 (-16.58%) and 2015 (-6.24%). The most recent two years showed moderate year-on-year increases of 3.8% in 2022 and 3.62% in 2023. The five-year CAGR from 2018 to 2023 was 4.72%, signaling a steady growth trend.
Looking forward, forecasts from 2024 to 2028 predict continued growth, with a projected CAGR of 2.48% over the next five years and an overall growth rate of 13.04% by 2028. This suggests a stable but slower pace of growth compared to the historical period studied.
Future trends to watch for:
- Impact of economic policies on pension investments and returns.
- Changes in demographic trends, such as aging population, impacting pension asset growth.
- Technological advancements in financial services affecting pension fund management.
